Thursday, June 20, 2013

Quick Market Update

I'll just show ES, but a lot of assets, especially the ones I rattled off two posts ago, are showing leading positives picking up VERY fast.

ES 1 min leading positive. I'm thinking there may be 1 more pullback in the range and this divergence gets bigger.

I like it right where it is though, it tends to confirm the knee-jerk F_O_M_C response that is always expected.

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